Nvidia lost approximately $365 billion in market value last week as rising borrowing costs cast doubt on the sustainability of Wall Street’s artificial intelligence spending boom. The chipmaker’s shares fell…
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Elon Musk’s SpaceX faces an earnings test on Tuesday that could determine whether investors regain confidence in one of Wall Street’s battered space technology funds. The Global X Space Tech…
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The CAC 40 Index has tried to recover over the past few days, rising from this month’s low of 7,682 points to 7,956 points today. Even so, it remains 9.10%…
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Anthropic has pledged 5% of its shares to a new public benefit fund ahead of its anticipated stock market debut, potentially setting aside tens of billions of dollars in artificial…
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The Kospi Composite Index continued its strong sell-off last week as jitters surrounding the artificial intelligence (AI) escalated. It dropped to 5,463 points last week, down by nearly 40% from…
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Kioxia Holdings stock has sold off sharply in the last few months as investors have sold off companies in the memory industry. It dropped to ¥13,500 on Monday, down by…
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SK Hynix stock fell 3.2% to 1,231,000 won in early Seoul trading on Monday, extending a historic sell-off as investors questioned the financing behind the artificial intelligence boom. The decline…
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Anthropic’s potential initial public offering is facing an early test of investor appetite, with some prospective and existing investors reportedly considering a valuation of around $1.5 trillion, below the roughly…
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The artificial intelligence trade has faced several headwinds this year, but last week’s sell-off struck at the foundations of the multiyear AI infrastructure boom, revealing a stark shift in investor…
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Bank of America sees little reason for investors to rush back into stocks ahead of November. Strategist Michael Hartnett favours a defensive stance because of a combination of stubbornly high…